VATSALA SHENOY vs. JT.COMMISSIONER OF INCOME TAX
C.A. No.-001234-001234 - 2012Supreme Court18 Oct 2016
Section 260Section 583(4)(a)
50B also does not get attracted as this section
contains special provision for computation of capital gains in case of
slump sale. As a fortiorari, the judgment in the case of PNB Finance
Limited also would not apply.
27)
In the aforesaid scenario, when the Official Liquidator has distributed the
amount among the nine partners, including the assessees herein, after
